|
Generalized System of Preferences - Definition and Overview |
|
|
The Generalized System of Preferences (or GSP) is a program managed by the USTR to grant trade advantages (such as reduced tariff levels) to particular developing countries, of which the United States is pleased with political directions taken by those countries.
In simple terms, GSP is the "carrot" to go with the "stick" of trade sanctions in US trade policy.
The GSP played an important role in the expansion of international intellectual property laws during the 1980s, in the lead-up to the enactment of TRIPs.
External links
|
|
Example Usage of Generalized |
 |
SCVTeaParty: @trinculo73 ur friends have Generalized about me and tried to discredit my business, U and I agree on much, but not personal attacks |
 |
davecoleman: @mikeminer depends on the scenario ... I hate Generalized rules in schools |
 |
manusporny: @benadida Agreed - we want to be more Generalized than just declaring prefixes. |
|
